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India's Manappuram Finance surges
Manappuram Finance shares surge after RBI lifts ban on unit
Shares of gold loan financier Manappuram Finance rose as much as 6% on Thursday, a day after the RBI removed restrictions imposed on the company’s unit.
Manappuram Finance soars after RBI lifts restriction imposed on microfinance arm
Manappuram Finance jumped 4.53% to Rs 188.20 after the Reserve Bank of India lifted the restrictions imposed on Asirvad Micro Finance with respect to sanction or disbursal of loans with immediate effect.
India's Manappuram Finance surges after central bank lifts ban on unit
Shares of Indian gold loan financier Manappuram Finance rose as much as 6% on Thursday, a day after the country's central bank removed restrictions imposed on the company's unit. The Reserve Bank of India (RBI) had in October barred four non-banking financial companies (NBFCs),
Manappuram Finance shares in focus after RBI relief to Asirvad Micro Finance, but there is a catch
Manappuram had acquired Asirvad in 2015. The unit contributes 25% to Manappuram's overall Assets Under Management (AUM).
Manappuram Fin up 6% as RBI lifts restrictions on arm Asirvad Micro Finance
Reserve Bank of India (RBI) lifted restrictions on all four non-banking financial companies (NBFC) imposed in October for charging exorbitant interest rates to the borrowers
Manappuram Finance - RBI Lifts Ban On Asirvad With Immediate Effect; A Positive Development: Motilal Oswal
While Asirvad is expected to witness a gradual improvement in new business volumes, it will still have to weather the industry-wide asset quality stress in the MFI sector, says Motilal Oswal.
India's central bank lifts lending ban on Asirvad Micro Finance, DMI Finance
India's central bank said on Wednesday it has removed restrictions imposed on non-banking financial companies (NBFCs), Asirvad Micro Finance and DMI Finance, against any fresh loan sanctions and disbursals with immediate effect.
RBI lifts restrictions on Asirvad Micro Finance, DMI Finance
The Reserve Bank on Wednesday lifted the business restrictions placed on Chennai-based Asirvad Micro Finance and New Delhi-based DMI Finance with immediate effect
5d
10 armed robbers storm into Manappuram Gold Loan office in Sambalpur, decamp with jewellery worth crores
In a daring daylight heist, 10 armed robbers looted Manappuram Gold Loan office in Sambalpur, escaping with gold worth crores ...
26m
on MSN
Indian shares edge lower on worries over likely moderation in earnings
India's benchmark indexes fell on Thursday, as worries over a likely moderation in corporate earnings for the December ...
orissapost
5d
Armed robbers loot 30kg gold, cash in broad daylight
Sambalpur: Armed robbers carried out a daylight heist Friday in the busy Budharaja area, stealing nearly 30 kg of gold ...
5d
Manappuram gold loan office loot: 4 special teams formed, Sambalpur police launches extensive search
Sambalpur Police on Saturday ramped up the search operation and formed four specialised teams in the wake of a daring heist ...
3d
Gold robbed from loan company
About 30 kg of gold was allegedly robbed at gunpoint from the branch of a gold loan company in Sambalpur, police said on ...
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